Kaltura (NASDAQ:KLTR) Insider Natan Israeli Sells 22,877 Shares

Kaltura, Inc. (NASDAQ:KLTR) insider Natan Israeli sold 22,877 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $1.57, for a total transaction of $35,916.89. Following the sale, the insider owned 2,094,397 shares in the company, valued at $3,288,203.29. The trade was a 1.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Natan Israeli also recently made the following trade(s):

• On Wednesday, May 27th, Natan Israeli sold 200 shares of Kaltura stock. The shares were sold at an average price of $1.50, for a total transaction of $300.00.
• On Friday, May 22nd, Natan Israeli sold 1,836 shares of Kaltura stock. The shares were sold at an average price of $1.51, for a total transaction of $2,772.36.
• On Tuesday, May 19th, Natan Israeli sold 13,229 shares of Kaltura stock. The shares were sold at an average price of $1.52, for a total transaction of $20,108.08.
• On Wednesday, May 20th, Natan Israeli sold 13,965 shares of Kaltura stock. The stock was sold at an average price of $1.52, for a total transaction of $21,226.80.
• On Monday, May 18th, Natan Israeli sold 9,829 shares of Kaltura stock. The stock was sold at an average price of $1.50, for a total transaction of $14,743.50.
• On Friday, May 15th, Natan Israeli sold 2,933 shares of Kaltura stock. The stock was sold at an average price of $1.50, for a total transaction of $4,399.50.
• On Thursday, May 14th, Natan Israeli sold 6,334 shares of Kaltura stock. The stock was sold at an average price of $1.51, for a total transaction of $9,564.34.
• On Wednesday, May 13th, Natan Israeli sold 28,882 shares of Kaltura stock. The stock was sold at an average price of $1.51, for a total transaction of $43,611.82.
• On Monday, May 4th, Natan Israeli sold 5,130 shares of Kaltura stock. The stock was sold at an average price of $1.50, for a total transaction of $7,695.00.
• On Tuesday, April 28th, Natan Israeli sold 1,100 shares of Kaltura stock. The stock was sold at an average price of $1.51, for a total transaction of $1,661.00.

Kaltura Trading Down 6.9%

Kaltura stock opened at $1.42 on Thursday. The firm’s 50 day simple moving average is $1.33 and its 200 day simple moving average is $1.44. The firm has a market capitalization of $212.79 million, a PE ratio of -14.15 and a beta of 1.14. Kaltura, Inc. has a 1-year low of $1.06 and a 1-year high of $2.28.

Kaltura (NASDAQ:KLTR) last posted its earnings results on Monday, May 11th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $44.63 million for the quarter, compared to analyst estimates of $43.00 million. Kaltura had a negative net margin of 8.25% and a negative return on equity of 35.91%.

Institutional Investors Weigh In On Kaltura

A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in shares of Kaltura by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 5,010,605 shares of the company’s stock valued at $7,215,000 after purchasing an additional 79,633 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Kaltura by 6.4% in the 4th quarter. Geode Capital Management LLC now owns 2,043,747 shares of the company’s stock valued at $3,352,000 after purchasing an additional 122,548 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Kaltura by 5.2% in the 4th quarter. Russell Investments Group Ltd. now owns 1,704,197 shares of the company’s stock valued at $2,796,000 after purchasing an additional 83,792 shares in the last quarter. State Street Corp boosted its stake in shares of Kaltura by 9.2% in the 4th quarter. State Street Corp now owns 1,598,453 shares of the company’s stock valued at $2,621,000 after purchasing an additional 135,092 shares in the last quarter. Finally, Tocqueville Asset Management L.P. boosted its stake in shares of Kaltura by 69.5% in the 3rd quarter. Tocqueville Asset Management L.P. now owns 1,402,383 shares of the company’s stock valued at $2,019,000 after purchasing an additional 575,000 shares in the last quarter. Hedge funds and other institutional investors own 30.79% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on KLTR shares. Wall Street Zen lowered shares of Kaltura from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Needham & Company LLC reissued a “buy” rating and issued a $3.00 price target on shares of Kaltura in a report on Wednesday, May 13th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Kaltura presently has a consensus rating of “Hold” and a consensus price target of $3.00.

Kaltura Company Profile

Kaltura, Inc (NASDAQ: KLTR) is a leading provider of video technology solutions designed to empower organizations to create, manage, distribute and monetize video content at scale. The company’s cloud-native platform supports an array of use cases including enterprise communications, online learning, virtual events, media delivery and over-the-top (OTT) television services. By combining open-source roots with software-as-a-service (SaaS) flexibility, Kaltura offers organizations the ability to tailor their video workflows and integrate seamlessly with existing collaboration, learning management and content management systems.

Key offerings from Kaltura include a comprehensive video management system, live streaming and video conferencing capabilities, lecture capture for educational institutions, virtual events and webinars, and turnkey OTT solutions.